Illowa-Sheet Metal Workers Joint Apprenticeship & Training Comm Inc

Analysis

Illowa-Sheet Metal Workers Joint Apprenticeship & Training Comm Inc is a registered charity in United States, based in Rock Island, IL. It received its IRS tax-exemption ruling in September 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illowa-Sheet Metal Workers Joint Apprenticeship & Training Comm Inc reported income of $1.1m and spending of $894k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $837k to $1.1m (+31%), an average of +7.1% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illowa-Sheet Metal Workers Joint Apprenticeship & Training Comm Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Vapa Foundation ($1.1m), Lighthouse Academy for Dyslexia ($1.1m) and BG Education Management Solutions Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $125k (14% of expenses). Other salaries and wages came to $271k. At year end it held assets of $2.0m against liabilities of $29k, net assets of $2.0m. It reported 6 employees.